ABSOLUTE PLUMBING & GAS SOLUTIONS LTD

🌳Matureactive

09186920 · ltd · incorporated 2014-08-22

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2025

Net worth

£11.9k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Plumbing, heat and air-conditioning installation

Sector: Construction

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

26 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £11,872

Net assets shrinking

Down £864 YoY

Cash YoY

+8%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£45k

↑ 8.2% YoY

Net Worth

£12k

↓ 6.8% YoY

Current Assets

£46k

↓ 20% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-08-31	2024-08-31
Total assets	£18.0k	£23.4k
Current assets	£46.5k	£58.2k
Cash	£45.3k	£41.9k
Debtors	£1.1k	£8.9k
Net assets	£11.9k	£12.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2017-09-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2017-05-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-10-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-08-20
➖
LAPTHORNE, Darren resigned
director
2014-08-22
🏢
Company incorporated
As ABSOLUTE PLUMBING & GAS SOLUTIONS LTD
2014-08-22
➕
LAPTHORNE, Gary Neal appointed
secretary
2014-08-22
➕
LAPTHORNE, Gary Neal appointed
director
2014-08-22
➕
LAPTHORNE, Karren appointed
director
2014-08-22
➕
LAPTHORNE, Darren appointed
director

Owner dependency

81/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

61/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Gary Neal Lapthorne Individual · British · DOB 10/1959 · age 67	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	06/04/2016
Mrs Karen Susan Lapthorne Individual · British · DOB 07/1965 · age 61	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · LU postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A&A LONDON UK CONSTRUCTION COMPANY LTD→ 16371906 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AB ADVENTURE BUILDERS LTD→ 15845122 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ABARTH CONSTRUCTION LTD→ 14510584 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ABBEY ELECTRICAL CONTRACTORS LIMITED→ 04366465 · est 2002 · no financials extracted	—	—	—	—	24y	—	—
ABBEY PYNFORD GEO STRUCTURES LTD→ 08133914 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
ABE ELECTRICAL SERVICES LTD→ 14735014 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ABHAYSINGH MANOHARSINGH LTD→ 15402932 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ABLE (SOLAR) LTD→ 13890807 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ABRAHAM INVESTMENTS LIMITED→ 01641398 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
ABRUDAN BUILD LTD→ 16345050 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ABSOLUM DRIVE & LANDSCAPES LIMITED→ 08555980 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ABSOLUTE ROOFING SERVICES LTD→ 16783778 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2014-08-22

Jurisdictionengland-wales

Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

92 Staines Square

Dunstable

Luton

Bedfordshire

LU6 3JQ

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-09-05

Last: 2025-08-22

Officers (3 active · 1 resigned)

LAPTHORNE, Gary Neal→

secretary · appointed 2014-08-22

View their other companies + combined net worth →

Active

LAPTHORNE, Gary Neal→

director · ~67y · appointed 2014-08-22

View their other companies + combined net worth →

Active

LAPTHORNE, Karren→

director · ~61y · appointed 2014-08-22

View their other companies + combined net worth →

Active

LAPTHORNE, Darren→

director · ~34y · appointed 2014-08-22 · resigned 2015-08-20

Resigned

Click a director name to see their full track record across all companies.